New accounts disclosures

Posted on 14 Aug 2019
Share Blog Post

 

New regulations have been issued that amend narrative reporting requirements within company law for periods ended on or after 30 September 2013 report Harris & Co chartered accountants Northampton as part of their accountancy services to small and medium sized businesses.

Though some of the more significant changes affect quoted companies, the regulations also make changes that will be relevant in the preparation of the annual report for companies of all sizes.

The biggest change for all non-small companies is the replacement of the ‘business review’ within an existing directors’ report with a new, separate strategic report.

The objective of the strategic report is to provide information on the company’s main objectives, strategy, business model and risks and provide context and linkage into the financial statements. This then leaves the directors’ report to provide other statutory information about the entity.

View more blog posts

SME confidence climbs
Posted on 15 May 2024
SME confidence climbs
read more
Minimum wage HMRC staff
Posted on 08 May 2024
Minimum wage HMRC staff
read more
Fiscal drag makes taxpayers worse off
Posted on 06 May 2024
Fiscal drag makes taxpayers worse off
read more
HMRC get unexpected reaction
Posted on 29 Apr 2024
HMRC get unexpected reaction
read more
Back To Top
01604 660661